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Lowe’s Stock: Price Is What You Pay, Value Is What You Get

Lowe

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It’s better to buy dividend aristocrats when they are trading down in the dumps versus when the market loves them. That’s because getting an attractive starting yield and valuation are crucially important to garnering market-beating returns over the long haul.

In the words of Buffett: “Price is what you pay, and value is what you get”, which I interpret to mean that paying a higher price for a stock doesn’t necessarily mean that the stock is any better than getting it at a bargain price, especially if the long-term thesis isn’t broken.

This brings me to Lowe’s (NYSE:LOW

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